Answer:
D
Explanation:
Profit = Revenue - cost
Cost = fixed cost + variable cost
if variable cost increases by 10%, cost would increase by 10%.
Revenue also increases by 10%
So, the increase in revenue would be cancelled by the increase in cost and profit would not change
Answer:
b. 77
Explanation:
The formula for forecasting is :
= 
+ (1 - 
) 
where is forecast for the period and 
is the actual demand for the period.
Last week forecast is = * Demand 2 weeks ago + (1 - ) * Forecast 2 weeks ago
0.2 * 65 + (1 - .02) * 90 = 13
Current week forecast is = * Demand Last weeks + (1 - ) * Forecast Last weeks
0.2 * 50 + (1 - 0.2) * 83 = 77.
Answer:
all of the above
Explanation:
When outcomes are uncertain, a manger must recognise and describe the risks involved. After identifying the risks, the risks must be evaluated to determine the extent of the risk and how the risk would affect the business. After the risks have been evaluated, the risk should be managed. For example, by taking insurance.
For example, if a manager wants to purchase a machine,
the manger has to identify the risks involved : the machine can be stolen, it can injure workers or it might not produce the desired effect
The manger must then evaluate the risks. The risks can be evaluated using capital budgeting methods. e.g. NPV
The manger can manage the risk by taking out insurance
<span>These are indirect costs of fires. Unfortunately, a fire doesn’t only affect one thing. It can hurt other important parts of a person’s life at the same time that it is destroying their property. This can create a longer clean-up and healing process.</span>
